Enphase Energy, Inc. (ENPH) vs NVIDIA Corporation (NVDA)

A side-by-side comparison of Enphase Energy, Inc. and NVIDIA Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: ENPH is classified in Energy; NVDA is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnENPH vs NVDA

growth of $100 · dividends reinvested · last 14y
ENPH +439.2%NVDA +56190.8%NVDA compounded faster
Log scale — wide-divergence pair
1101001k10k100kStart $1002015201820212024$539$56,291
ENPH NVDA

ENPH vs NVDA: by the numbers

  • NVDA is the larger company ($4.77T vs $4.79B market cap).
  • NVDA trades at the lower trailing earnings multiple (30.09 vs 37.63 P/E), one valuation lens rather than an overall verdict.
  • NVDA converts more revenue to profit (62.97% vs 9.64% net margin).
  • NVDA grew revenue faster over the past five years (68.23% vs 9.96% CAGR).
  • NVDA pays a dividend (0.02% yield), while ENPH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricENPHNVDA
P/E ratio37.6330.09
Forward P/E18.7141.87
P/S ratio3.5718.91
P/B ratio4.5324.52
PEG ratio0.340.57
EV / EBITDA29.2028.96
FCF yield2.91%2.48%

Profitability

MetricENPHNVDA
Gross margin44.23%74.15%
Operating margin6.81%64.02%
Net margin9.64%62.97%
ROE12.25%81.65%
ROIC4.79%62.88%

Dividends

MetricENPHNVDA
Dividend yieldN/A0.02%
Payout ratioN/A0.61%

Growth (annualized)

MetricENPHNVDA
Revenue CAGR (5Y)9.96%68.23%
EPS CAGR (5Y)4.13%85.78%
FCF CAGR (5Y)-8.47%85.52%
Total return CAGR (5Y)-27.52%59.29%

Frequently asked

Which has the lower trailing P/E, ENPH or NVDA?
NVDA has the lower trailing P/E: ENPH trades at 37.63 and NVDA at 30.09. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ENPH or NVDA?
Over the past five years, NVDA grew revenue faster — ENPH at a 9.96% CAGR versus NVDA at 68.23%.
Does ENPH or NVDA pay a bigger dividend?
NVDA pays a dividend (0.02% yield), while ENPH has no payments in the available dividend history.
Is ENPH or NVDA more profitable?
NVDA runs the higher net margin — ENPH at 9.64% versus NVDA at 62.97%.
How have ENPH and NVDA total returns compared?
Over the past 10 years, ENPH delivered 35.05% and NVDA delivered 64.27% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.